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3Com Beams Back To The Enterprise
By vnunet.com
News Source
Article Date: 2003-03-21
3Com is investing $160m (£102m) as well as assets and IP licences into a joint venture with Chinese networking vendor Hauwei. The move sees the networking giant embracing the enterprise market once more, after conceding the sector to Cisco in early 2000.
Hauwei will contribute its enterprise networking business resources such as local area network switches, routers, licences, engineering capabilities, sales and marketing resources as well as personnel.
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About the Author:
VNU Business Media Europe is a leading media and marketing information organisation, operating in seven European countries. Main magazine brands include Computing, Intermediair, Accountancy Age and Management Team.
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